You guys are lucky.. at least can still tax free for capital gains. I get whacked by IRS every year.
Next week is April 15th... get whacked again!

Yes, for US citizens/residents eventho they reside overseas.
Must report all calls/puts sale for either gains/losses.

I hate April 15th...lots of paper work.

This post has been edited by danmooncake: Apr 11 2015, 09:32 PM

So far XLE holding up..nicely at the 80'ish level. Dunno whether it can break thru or not but I took some profits already. If it wants to come back down, also can... we need more oil supply to bring down prices and need more margin squeeze stories from the financial market.

My oh my... more bullish Energy indeed! Now popping up above 81 already.

Frack... now I wish I haven't take some profits at 80... could have ride up more with full load.

Oh yeah... yesterday my buddy called me.. at several exchange counters (in Singapore), they
ran out of Ringgit to sell because suddenly it was like 1 SGD=2.72. Got a few K, just a case.

Time to go shopping and eat out again this weekend at JB.

Well, I think Oil has risen more than 10% from the lows but I don't see Ringgit risen that much yet.

Is it possible to chart the ringgit-dollar vs oil price and see if there is any correlation?

Bears are out !!!

If $VIX is bullish, that means market is bearish because of fear.
Or do you mean $VIX is still bearish?

May is almost two weeks away.. remember what suppose to happen in May every year..

The bulls really have no fear because the Feds (around the world, not just US) favor them all the time.
China's own Fed once again acted in their favor.

But, let's see how the Greece situation will work out. Need them surprise everyone with more bearish stories.

The Greeks have different attitudes than other European nations. The Germans are really fed up with them.
Not sure why they were allowed to join in the first place. I think the EU should cut them out and kick them out asap.

OMG, he looks like the one whose name shall not be spoken.

All time high again for SP500.. all out for cash again.

Now, tomorrow evening, let's do it like last Friday, bring out the bears once again!

Dangerous to short China FXI because retail money keep pouring into stock market.
Both Shanghai composite and HKSE could easily add another 10-20% if their central bank decided to further ease..

Well, when bananas sellers join the market, I think it's time to be cautious....

The recent slow down in China's housing market causing a lot of earlier housing investors to cash out. Also,
some of them ("China version of Cronies") are scaling back in their properties ownerships because of anti-corruption crackdown. Since they go no where else to invest, they been pouring money into the stock market since last year.
SHCOMP already doubled.. but earnings growth isn't so. IMO, it's quite a bubble there. It's good to stay cautious on anything China related here.. their retail investors are in hoard mentality now. All we need to see is just the last bull in, then everyone will head for the exit. It won't be a pretty sight.

This post has been edited by danmooncake: Apr 28 2015, 12:54 AM

A measly +1.3%.. despite beating all expectations. Must be all baked in.

holy sheet.... TWTR got attacked by bears.

$40 in just to play play a bit..

This post has been edited by danmooncake: Apr 29 2015, 07:15 AM

Took my scalp of TWTR at 50c and out during early trading.
Darn.. the bears are vicious!

I'm happy XLE doing well here... but resistance at 83-84 coming up fast. Going to take another quick profit can't get above 84.